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Correlation Analysis

Nvidia Corp vs Kenvue Inc.

NVDA vs KVUE

-0.532

Moderate inverse

When one moves up, the other tends to move down.

NVDA logo

Nvidia Corp

NVDA

Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence to run large language models. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.

Market cap 4.3T

KVUE logo

Kenvue Inc.

KVUE

Kenvue is the world's largest pure-play consumer health company by sales, generating over $15 billion in annual revenue. Formerly known as Johnson & Johnson's consumer segment, Kenvue spun off and went public in May 2023. It operates in a variety of categories within consumer health, such as cough, cold and allergy care, pain management, face and body care, and oral care, as well as women's health. Its portfolio has some of the most well-known brands in the space, including Tylenol, Listerine, Johnson's, Aveeno, and Neutrogena. Kenvue announced November 2025 that it signed a deal to be fully acquired by Kimberly-Clark with the deal expected to close during the second half of 2026.

Market cap 33.2B · 22,000 employees

May 4, 2023 — Apr 7, 2026Daily733 data pointsStockStockTechnology

Time Series

Relative Performance

Green: NVDAGray: KVUE36 of 733 points (sampled)

Who Moves First

in sync

NVDA and KVUE tend to move at the same time.

After testing 13 timing shifts, the strongest relationship was -0.532 (they moved in opposite directions).

Do They Crash Together?

Correlation by Market Regime

How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.

Both Rising

-0.163

10 periods · Return correlation when both series rose

Both Falling

-0.676

7 periods · Return correlation when both series fell

Diverging

-0.567

18 periods · Return correlation when series moved apart

R-Squared

28.3%

Share of variance in one series explained by the other.

Trend Agreement

45.8%

How often both series moved in the same direction period-to-period.

Overlap Quality

733

Robust shared window — 733 usable pairs.

Significance

p < 0.001

95% CI: [-0.582, -0.478]

Scatter

XY Regression

13.250100150200221.214.7916182022242627.8Nvidia CorpKenvue Inc.Data pointsFit (r = -0.532)

Pipeline

Data quality details

Pipeline Summary

733 paired data points survived the daily window.

Raw input

1,254

733

Normalized

1,254

733

Prepared

1,254

733

Aligned

733

733

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

521

A: 521 / B: 0

Series A

NVDA logo

Nvidia Corp

NVDA

Market cap 4.3T

Stock · 1,254 raw → 1,254 prepared

Series B

KVUE logo

Kenvue Inc.

KVUE

Market cap 33.2B · 22,000 employees

Stock · 733 raw → 733 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

23

Estimated crossover points between normalized spreads.

Slope

-0.0273

Linear regression slope.

Intercept

23.9563

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 5 hours ago · ID: stock-nvda-vs-stock-kvue-daily-20260408-oy3k87